His single term in office was marred by a second OPEC oil crisis and a fateful decision to grant asylum to the deposed Shah of Iran, resulting in a hostage crisis following a siege of the U.S ...

But it’s also approaching an inflection point of the kind that Opec hit about a decade after its founding. From 1900 up to the oil crisis of 1973, crude production grew at an average 7.2% a year.

The gold market remained upbeat throughout the year 2024 accumulating handsome gains for the yellow metal investors and it is expected that the precious metal ...

The Biden administration on Friday targeted Russia’s energy sector, including its oil industry, with some of its harshest ...

But it’s also approaching the inflection point that OPEC hit about a decade after its founding. From 1900 up to the 1973 oil crisis, crude production grew at an average of 7.2% a year.

In the case of oil, the answer in 1960 was the formation of a producer’s cartel: the Organization of the Petroleum Exporting Countries, or Opec. Solar power ... their raw materials well below costs.

Shell Nigeria Exploration and Production Company Limited (SNEPCo), a subsidiary of Shell Plc, recently announced a $5 billion Final Investment Decision (FID) on Bonga North, a deep-water project off ...

Nigeria has achieved OPEC quota for that first time in four years, producing 1.51 million bpd in December 2024 ...

More precisely, the oil embargo imposed by the five OPEC Arab member states and Iran ... The ensuing oil crisis forced the world to look at renewable energy sources, in particular wind energy ...

Output from the Organization of Petroleum Exporting Countries fell by 120,000 barrels a day to 27.05 million a day, with the ...

Venezuela's oil exports rose 10.5% last year despite political instability and changes to the U.S. sanctions regime on the ...

NuVista Energy (NUVSF) has significantly outperformed oil prices and the XLE ETF over the past 12 months. Find out why I rate ...